David Goodrich Chairs OCBF CLE Panel on Issues in the Retail Industry
Member David Goodrich is a Program Chair...
Yearly News Archives: 2015
Appeal from Stockton Plan Confirmation Dismissed as Equitably Moot: David Kupetz Authors Daily Journal Article
In the City of Stockton’s Chapter 9 municipal bankruptcy case, Franklin Funds (Franklin) was the only major creditor group that didn’t negotiate a settlement with the city. Settlements were negotiated with other capital markets creditors (indenture trustees, bond insurers and bondholders), labor organizations, retirees, and the California Public Employees’ Retirement System (CalPERS); these settlements were incorporated into Stockton’s plan of debt adjustment. Franklin objected …
It’s Time to Re-Examine Student Loan Debt: Steven Werth Authors Daily Journal Article
In an article published in the Daily Journal, Attorney Steven Werth and Public Counsel Supervising Attorney Magdalena Bordeaux discuss the need for the Supreme Court to re-examine student loan debt dischargeability. Recently, a debtor in the Seventh Circuit filed a petition for writ of certiorari to the Supreme Court, in Tetzlaff v. Educational Credit Management Corporation, 794 F.3d 756 (7th Cir. July 22, 2015). …
Mark Horoupian and Victor Sahn Acquire Leases of Anna’s Linens Franchise On Behalf of FP Stores, Inc.
SulmeyerKupetz was retained by the owners of the Fallas Stores to represent the owners’ affiliate, FP Stores, Inc., with respect to its bid to acquire 41 leases of locations previously occupied by Anna’s Linens, a retailer of linens, household and related goods. Certain landlords, particularly those in highly desirable locations, objected to the proposed assumption and assignment of their leases to FP Stores, Inc. …
The Changing Landscape of Student Loan Dischargeability: Steven Werth Publishes Article in Law360
Student loan debt in America has reached over $1 trillion, which exceeds the total amount of the nation’s credit card debt. Because of the relatively recent increase in student loan debt, more borrowers are looking to the Bankruptcy Code to see if their student loan debts can be discharged and the federal government has instituted a number of student loan repayment programs. In his …
Employee-Related Litigation as the New Cause of Bankruptcy: Mark Horoupian Authors Employment Law Strategist Article
In the article “Employee-Related Litigation: The New Cause of Bankruptcy,” Partner Mark Horoupian discussed the consequences of employee-related charges to the Equal Employment Opportunity Commission (EEOC) for various types of discrimination. When these charges turn into civil litigation, the future of the defendant company may be at stake. This is particularly true if the defendant does not have Employment Practices Liabilities Insurance (EPLI). Companies …
SulmeyerKupetz Successfully Assists the Club At Shenandoah Springs Village, Inc in Voluntarily Dismissing Chapter 11 Case
On November 17, 2015, the presiding bankruptcy court granted the request of The Club At Shenandoah Springs Village, Inc. to voluntarily dismiss its chapter 11 case, culminating a challenging chapter 11 case. With the assistance of SulmeyerKupetz, the Club successfully closed a sale of its sprawling retirement and golf community in Thousand Palms, California, populated by nearly 2,000 homeowners. The sale was the subject …